Gogo Inc (GOGO)
Payables turnover
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cost of revenue (ttm) | US$ in thousands | 138,988 | 133,654 | 145,039 | 140,205 | 137,630 | 137,522 | 143,644 | 141,908 | 135,900 | 126,449 | 115,244 | 108,733 | 102,195 | 101,366 | 96,191 | 127,681 | 202,099 | 299,510 | 382,053 | 431,519 |
| Payables | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Payables turnover | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
December 31, 2024 calculation
Payables turnover = Cost of revenue (ttm) ÷ Payables
= $138,988K ÷ $—K
= —
The payables turnover ratio for Gogo Inc is not available for all the periods provided in the json data. This could indicate that the company may not have disclosed or calculated this ratio for public reporting purposes during those specific dates. Payables turnover is a financial ratio that measures how efficiently a company is managing its outstanding supplier payments by evaluating how many times a company pays its average accounts payable balance over a certain period. An absence of this ratio data makes it challenging to assess Gogo Inc's ability to effectively manage its accounts payable and liquidity through timely payment to suppliers. Importantly, the payables turnover ratio is a key metric in understanding a company's working capital management and financial health.
Peer comparison
Dec 31, 2024